Voya Financial Q1 2024 Adj EPS $1.88 Beats $1.61 Estimate, Sales $2.051B Beat $1.798B Estimate
Portfolio Pulse from Benzinga Newsdesk
Voya Financial (NYSE:VOYA) reported Q1 2024 earnings of $1.88 per share, surpassing the $1.61 estimate, marking a 16.77% beat and an 11.24% increase from the previous year. Sales reached $2.051B, exceeding the $1.798B estimate by 14.06% and showing an 11.77% increase from the previous year.
April 30, 2024 | 8:36 pm
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Voya Financial reported a significant beat on both earnings and sales estimates for Q1 2024, with EPS at $1.88 against a $1.61 estimate and sales of $2.051B against a $1.798B estimate.
Voya Financial's earnings and sales beat are significant indicators of the company's strong performance and operational efficiency. The substantial beat on both the top and bottom lines compared to analyst estimates usually leads to positive investor sentiment and could result in a short-term uptick in VOYA's stock price. The year-over-year growth in earnings and sales further solidifies the company's growth trajectory, making it an attractive asset for investors.
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